This is important, as the sharing economy has the potential to bring efficiency gains and improve the welfare of many individuals in the region.
This can also generate important disruptions.
While online platforms represent a small fraction of overall incomes, the share of individuals participating in these platforms is large in many European countries. For example, roughly 1 in 3 people in France and Ireland have used a sharing economy platform, while at least 1 in 10 have in Central and Northern Europe (see figure below).
At the same time, the share of the population that has used these platforms to offer services and earn an income is also significant, reaching 10% or more in France, Latvia, and Croatia. This means that at least one out of every ten adults in these countries worked as a driver for a ride-sharing platform such as Uber, rented out a room of his or her house using a peer-to-peer rental platform such as Airbnb, or provided ICT services through an online freelancing platform such as Upwork, to name a few examples.
- business regulation
- labor markets
- Disruptive Technologies
- disruptive innovations
- social safety nets
- ICT Regulation
- online work
- digital development
- digital dividends
- Sharing Economy
- Private Sector Development
- Climate Change
- Law and Regulation
- Labor and Social Protection
- Information and Communication Technologies
- Europe and Central Asia
- Russian Federation
The youth employment challenge is a stubborn reality in all regions and nearly every country. Over 35 per cent of the estimated 201 million unemployed people today are youth (between the ages of 15 and 24). Worldwide, the challenge is not only to create jobs but to ensure quality jobs for young people who are often underemployed, work in the informal economy, or engage in vulnerable employment. Today, two out of every five young people in the labor force are either working but poor or unemployed.
Are you a student or a young professional passionate about development and data? Do you care about poverty and inequality in Latin America and the Caribbean (LAC)? Then this blog contest is for you.
Regular readers of this space will know by now that we have run a periodic blog series - #LACfeaturegraph – that highlighted a particular data point from our LAC Equity Lab data portal and analyzed critical development issues across the region. Now this is your chance to be a part of this effort. You, too, can use the data from the LAC Equity Lab and come up with a blog entry that addresses some of these issues. Through the contest, we are looking for original, well-written posts whereby participants can share their perspective on poverty and equity issues in the LAC region and also recommend plausible public policy interventions.
The winner of this blog contest will get his or her entry published as part of the #LACfeaturegraph series. The winner will also have the opportunity to visit the World Bank Group headquarters in Washington D.C. at a later date to participate in a poverty event. Blog entries will be accepted for a month – from May 15, 2017 to June 15, 2017.
"Writing laws is easy, but governing is difficult," wrote Leo Tolstoy in War and Peace. We agree.
Our recently finished study highlights how differences in the enforcement of a strict labor code across Russia’s numerous administrative regions has affected hiring and firing decisions. More specifically, we examine how the varying capacity to enforce the labor code affected labor adjustment by firms in response to industry-wide surges and slumps.
Janine Berg, guest blogger, is a Senior Economist at the International Labour Organization (ILO)
Efforts to extend social security to workers in non-standard employment and to build a social protection floor are critical for reducing poverty and part of the challenge of addressing informal employment.
Monami Dasgupta, guest blogger, is a Research Analyst at IFMR Finance Foundation
Some people are self-employed in the informal sector because they want to avoid registration and taxation. But many people work in the informal sector through necessity, not choice. Today, there are two features of the informal sector that are well-recognized. Firstly, much of the informal economy contributes greatly to the formal economy. Secondly, women constitute the majority of precarious, under-paid, informal workers.
We have curated the following articles and papers for summer reading. They highlight the ongoing coverage of the impact of technology and jobs, the need for new sets of skills relevant to the digital economy, the need for refugees to find work quickly and the global imperative for creating good jobs in Africa.
There is increasing evidence that labor markets in developed countries are polarizing or hollowing out. On the one hand, the share of employment in high-skilled, high-paying occupations (managers, professionals and technicians) and low-skilled, low-paying occupations (elementary, service, and sales workers) is growing. On the other hand, the share of employment in middle-skilled, middle-paying occupations (clerks, plant and machine operators) is being squeezed. There is ample evidence of polarization in the United States (see Acemoglu and Autor, 2011; Autor and Dorn, 2013; and Autor (2014) for a less technical discussion), and also in Western Europe (Goos, Manning, and Salomons, 2014). Harrigan, Reshef and Toubal (2016), more recently, document the same phenomenon in France, using firm-level data.
At the Global Conference on Equity and Excellence in Basic Education, in Shanghai, China, May 17-19, 2016, the World Bank will be discussing Shanghai’s eminence in ranking highly in international achievement tests. The conference will also cover how good policy can help improve education quality in other countries. See slideshow, press release, key findings .
“Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime.”- Laozi (老子), ancient Chinese philosopher and writer, known as the reputed author of the Tao Te Ching. He is the founder of philosophical Taoism and is worshipped as a deity in Taoism and traditional Chinese religions.
There are more children in school today than ever before. For example, in 1950 the average level of schooling in Africa was less than two years. It is more than five years today. In East Asia and the Pacific, the schooling of the population went from two to seven years between 1950 and 2010. This is a more than a 200 percent increase! Globally, average years of schooling are now projected to rise to 10 years by 2050. This is larger than a five-fold increase within a century and a half.